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Feb rate cut unlikely
- February 1, 2013
- Posted by: admin
- Category: Budget, Enconomy, Finance News, Financial goals, Inflation, Interest rate, Wealth
No CommentsA majority of Australian homeowners do not expect the Reserve Bank of Australia (RBA) to cut the official cash rate when the board meets next week. According to a survey conducted, 55 per cent of respondents believe the cash rate will remain at its current level of 3 per cent. Of the 452 respondents,
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Interest rate rise back on the agenda
- July 28, 2011
- Posted by: admin
- Category: Finance News
A strong and sustained rise in underlying inflation has reignited interest rate fears and forced economists to rethink their market expectations. The Consumer Price Index grew 0.9 per cent – pushed by a banana led spike in fruit prices. But despite the increase in underlying inflation, industry stakeholders have claimed any upwards rate movement by